Benefits of Solar Power
1. Reduce Your Electric Bills
Electricity costs make up a large portion of everyone’s monthly expenses. The power created by your solar panel system is free! Of course, you need to purchase and install a system to harness the solar energy, but once that’s paid for, you will realize maximum benefits. Solar panel systems last a long time and require very little maintenance. Typical systems last 25+ years with a 25-year or lifetime warranty. In addition, there are government programs that offer grants and other financial assistance that may be applied to help offset the cost of your Solar Panel System.
2. ROI - Return on your investment
You should consider the expense of installing a solar panels system as an investment. The average amount of time to pay for the solar panel system equipment and its installation is 5 to 8 years depending upon the size of the system. Thanks to substantial electricity generation, the average American homeowner typically sees an ROI of 20 percent or more.
3. Protect against rising energy costs
Over the past 10 years electricity has increased about 3% per year. A solar panel system creates and captures energy from the sun. By owning your own Solar Panel System, the rising and fluctuating energy prices are minimized, and you can fix your electricity rate and protect against unpredictable increases in electricity costs.
4. Increase your property value
A Solar Panel System is a new fixed asset and adds value to your existing property. Many states now require that new construction incorporate solar capabilities. Numerous studies show that properties equipped with solar energy systems have higher property values and sell more quickly than non-solar properties. Appraisers currently evaluate solar installations as asset which is added to the property value. As buyers become more educated about solar power, demand for properties equipped with solar panel systems will continue to grow.
5. Protect the Environment – Slow Down Global Warming
Solar is a great way to reduce your “Carbon Footprint”. Buildings are responsible for 38 percent of all carbon emissions in the U.S. A typical residential solar panel system will eliminate three to four tons of carbon emissions each year. The—the equivalent of planting over 100 trees annually. Brookside Lodge, located in Gatlinburg, Tennessee: The Gateway to the Great Smoky Mountain National Park. Brookside has been using green laundry and cleaning supplies for years. It is estimated that the amount of electricity generated will be XXXXXX saving XXXXX